Placements::PROPOSED PLACEMENT OF 50,000,001 NEW ORDINARY SHARES

Issuer & Securities

Issuer/ Manager
CHINA FIBRETECH LTD.
Securities
CHINA FIBRETECH LTD. - BMG215452001 - AXL
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
07-May-2018 20:10:33
Status
New
Announcement Sub Title
PROPOSED PLACEMENT OF 50,000,001 NEW ORDINARY SHARES
Announcement Reference
SG180507OTHR7M6H
Submitted By (Co./ Ind. Name)
Lee Wei Hsiung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the attachment.

Additional Details

Capital Amount-Old
SGD 27,154,600
Capital Amount-New
SGD 57,154,600
No. of Existing Outstanding Shares
17,951,582
New Shares Issued
50,000,001
Offer Price
SGD 0.6

Attachments

CFT_Announcement_Placement.pdf
Total size =283K